Camping World Makes Strategic Investment In Happier Camper

Recreation Dealer Camping World Holdings Inc CWH has made a strategic investment in Los Angeles-based Happier Camper Inc, the developer of patented modular van conversion system - Adaptiv for vans.
Happier will supply the Adaptiv system and technology products for van and camper conversions to nationwide Camping World SuperCenters.
The SuperCenters will act as design, install, and renovation centers by 2022.
Adaptiv system facilitates customization of vans and campers in various ways to suit consumers' cooking, storage, and sleeping needs.
"Customers will be able to bring a shell of a van or camper to one of our nationwide SuperCenters and we will act as renovation centers and install the Adaptiv™ technology in the unit,” said CEO Marcus Lemonis.
Camping’s cash and equivalents totaled $256.8 million as of March 31, 2021.
Price action: CWH shares closed higher by 0.96% at $38.52 on Wednesday.